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20130114
20130114
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obama on the debt ceiling said he will not negotiate while republicans "hold a gun to the head of the american people." this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. president obama declares the health of the american people is not a bargaining chip. the president warns against the prospect of what he called republicans holding the economy hostage. over the debt ceiling. it was the primary focus of the last news conference of his first term. we have fox team coverage. seep your political analyst brit hume will have analysis of that event. correspondent shannon bream tells us about another big topic today. gun control. we begin with white house correspondent wendell goler on the partisan tone over the debt. good evening, wendell. >> good evening. >> bret: the party that doesn't control the white house is rarely happy about raising the debt ceiling. >> reporter: recent years a genuine threat not to do so. >> raising the nation's debt ceiling, the president told reporters is a necessity caused by spending in the past. not something to trade with congress
in the final news conference of the first term, the president took questions on the debt ceiling and the gun debate. first, on the rising debt ceiling, the president took direct aim at republicans accusing them of using the nation's credit rating as a, quote, bargaining chip. >> the republicans in congress had two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect our ransom in exchange for not crashing the american economy. the issue here is whether or not america pays its bills. we are not a deadbeat nation. >> and the debate over guns, one month after 26 children and adults were killed in newtown, and with the nra saying assault weapon ban would not pass congress, the president urged house members to, quote, examine their own conscience. >> the belief that we have to have stronger background checks, that we can do a much better job in terms of keeping these magazine clips with high capacity out of the hands of folks who shouldn't have them, an assault weapons ban that's mea
republicans not to play politics with the debt ceiling. here is some of what he had to say. >> raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. if congressional republicans refuse to pay america's bills on time, social security checks and veterans' benefits will be delayed. we might not be able to pay our troops our honor our contracts with small business owners. markets could go haywire, interest rates would spike for anybody who borrows money, every home own we are a mortgage. it would be a self-inflicted wound on the economy. so to even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. >> well, the president hass got to get past the debt ceiling in order to achieve his second term agenda but how does he do it when some republicans are threatening shutdown. chuck todd and howard fineman. chuck, you know, i get the sense i was listening to the late general schwarzkopf, the man shaping the battlefield. he's basically
's going to start off talking about the debt ceiling. he'll call for republicans to raise it without a fight. but several gop members have already said the debt ceiling is going to be where they draw a line in the sand. >>> check out the first page of politico this morning. double trouble. house gop, eyes default, shutdown. and it talks about the very real possibility that house republican members want to see the government shut down or default if they don't get the cuts they want. >>> let me bring in "times" deputy bureau chief ed o'keefe. good morning to both of you. this is all just breaking now, but the president has said and he said it consistently. he's not negotiating over the debt ceiling. michael, is this more of what we're going to hear from him today? is he going to lay the groundwork for the battle ahead? >> i think so. to some degree i think what's happening is a game of chicken unfortunately. i know the financial markets hate it. and it kind of turns your stomach a little bit. but obama has said we're absolutely not negotiating over the weekend a significant event when
Search Results 0 to 3 of about 4